Putnam State Bank
Palatka, FL — Non-member Bank
Acquired Jun 2012
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Putnam State Bank | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 1,426 | 3,008 |
Income from Lease Financing Receivables | — | 0 |
— | 2 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 0 |
Income on Loans and Leases (TE) | 1,426 | 3,010 |
Investment Interest Income (TE) | 116 | 449 |
Total Interest Income (TE) | 1,552 | 3,549 |
Total Interest Expense | 341 | 589 |
Net Interest Income (TE) | 1,211 | 2,932 |
Non-Interest Income | -603 | 495 |
Adjusted Operating Income (TE) | 608 | 3,520 |
Non-interest Expense | 1,913 | 2,872 |
Provision for Loan & Lease Losses | 1,966 | 359 |
Pretax Operating Income (TE) | -3,271 | 249 |
Pretax Net Operating Income (TE) | -3,266 | 386 |
Applicable Income Taxes | — | 80 |
Net Operating Income | -3,266 | 286 |
Net Income | -3,266 | 286 |
Cash Dividends Declared | — | 4 |
Retained Earnings | -3,266 | 226 |